Mortgage failures spark fears of foreclosure spike
U.S. · MEDIA
November 9, 20235 min read958 words
Published: November 9, 2023  |  5 min read958 words
Mortgage delinquencies are rising 15 percent year-over-year, signaling a potential increase in foreclosures as American households grapple with inflation, low housing supply and high mortgage rates. The trend marks the sixth consecutive quarter of delinquency increases, according...
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Great Context
November 9, 2023
Nice amount of context to past patterns and current statistics to give meaning to the spike. Comparison to prior years balances the warning so no panic is induced.
November 9, 2023
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